[ANN] [BSM] [PoW] Ṩ Bitsum - Social Media Coin - page 12.

waraira18

newbie

Activity: 5

Merit: 0

Quote from: margate on June 16, 2018, 06:14:50 AM

Quote from: waraira18 on June 16, 2018, 02:53:58 AM

New Algo?... mmm I still didnt see any official answer about why the rollback is done... othat we presume that is for ASIC resistance.. doesnt mean that is official... the only info that i saw was "we are going to rollback, stop mining" if you have a link where the devs say the reason of the rollback and that is for the new algo to prevent ASIC domination... please put it here...

Russian
https://t.me/BitsumRUChat/36927

attack screenshot ( https://t.me/BitsumRUChat/36957 and https://t.me/BitsumRUChat/36958 )
http://fotohost.by/images/2018/06/16/photo_2018-06-13_10-51-30.jpg
http://fotohost.by/images/2018/06/16/photo_2018-06-13_10-51-56.jpg

so, its supposed that we should learn russian in order to understand what is going on? great logic... very responsible... Huh

margate

newbie

Activity: 87

Merit: 0

Quote from: waraira18 on June 16, 2018, 02:53:58 AM

New Algo?... mmm I still didnt see any official answer about why the rollback is done... othat we presume that is for ASIC resistance.. doesnt mean that is official... the only info that i saw was "we are going to rollback, stop mining" if you have a link where the devs say the reason of the rollback and that is for the new algo to prevent ASIC domination... please put it here...

Russian
https://t.me/BitsumRUChat/36927

attack screenshot ( https://t.me/BitsumRUChat/36957 and https://t.me/BitsumRUChat/36958 )
http://fotohost.by/images/2018/06/16/photo_2018-06-13_10-51-30.jpg
http://fotohost.by/images/2018/06/16/photo_2018-06-13_10-51-56.jpg

Pinpa

newbie

Activity: 9

Merit: 0

I am review in concept on your project, It's really good! A very excellent activity, percipient business, impeccably design!

waraira18

newbie

Activity: 5

Merit: 0

Quote from: ungvantuyen on June 15, 2018, 09:48:11 PM

so, what will happen after the roll back finished?
Forking to new algorithm to prevent ASIC dominate the Bitsum network might be one of good option.

After the roll back finish... what will happen.. well... if they decided to change it in the block 4 and we going in the block 500, all done after block 4 will dissapear, so, is not convenient for all of us...

New Algo?... mmm I still didnt see any official answer about why the rollback is done... othat we presume that is for ASIC resistance.. doesnt mean that is official... the only info that i saw was "we are going to rollback, stop mining" if you have a link where the devs say the reason of the rollback and that is for the new algo to prevent ASIC domination... please put it here...

ungvantuyen

newbie

Activity: 49

Merit: 0

so, what will happen after the roll back finished?
Forking to new algorithm to prevent ASIC dominate the Bitsum network might be one of good option.

waraira18

newbie

Activity: 5

Merit: 0

Quote from: mayday8842 on June 15, 2018, 10:52:26 AM

What does rollback mean? Is this coin completely dead or what?

Rollback... well, imagine this... they found a mistake in the blockchain, that cause for example that some coins were hacked from the block 5... (just an example) so what they do, all what was mined after block 4 dissapear and we return to block 4 starting all this again... as they have the system centralized they have all the domain of manipulate the blockchain (and im not agree with it)... so we are the one who pays the consequences...

What annoys me is that is the second time, the system is stopped until i dont know when... and besides they dont consider to even report this in other place only telegram... something this important... really... no explanation no nothing... sorry for complain but just i dont get it....

Everything done after that block is not longer valid... sell, mine etc... so is like fork a new coin from the old one.. so all the costs of electricity for mining, sells on x price.. is for nothing...

mayday8842

newbie

Activity: 6

Merit: 0

What does rollback mean? Is this coin completely dead or what?

waraira18

newbie

Activity: 5

Merit: 0

Quote from: Lalli on June 14, 2018, 05:49:08 PM

This is from Bitsum official telegram, I cant believe that it is the only place they inform miners of this:

”We are going to rollback! Please stop mining!”

Really? is the second Rollback, how is this possible!! WHY rollback again??.. something like this should be posted everywhere, not just telegram.. so after certain block we lose everything? INCREDIBLE! Angry

HOW LONG WILL TAKE THIS??? maybe you should start to think in decentralize the system because this is not funny anymore.

tuanbct95

newbie

Activity: 168

Merit: 0

Quote from: big_daddy on June 15, 2018, 02:02:28 AM

the only rollback and a new startover is the algo switch from CryptoNight to some CN - asic proof, without that, BSM will never gain some good value

What does it really mean by mentioning as 'roll back'?
I don't know what it is but it maybe main causes which led to recent dramatically falls of Bitsum.

big_daddy

hero member

Activity: 1680

Merit: 583

xUSD - The PRIVATE stable coin - Haven Protocol

Quote from: Lalli on June 14, 2018, 05:49:08 PM

This is from Bitsum official telegram, I cant believe that it is the only place they inform miners of this:

”We are going to rollback! Please stop mining!”

the only rollback and a new startover is the algo switch from CryptoNight to some CN - asic proof, without that, BSM will never gain some good value

Lalli

newbie

Activity: 22

Merit: 1

This is from Bitsum official telegram, I cant believe that it is the only place they inform miners of this:

”We are going to rollback! Please stop mining!”

btc2017btc2017

member

Activity: 176

Merit: 10

Why is Bitsum dead? have I lost all my BSMs?

snizenone

newbie

Activity: 1

Merit: 0

Hi

Can anyone tell me where you can trade Bitsum at the moment? Both Stocks.Exchange and Trade Ogre are not trading Bitsum.
Is there another exchange to trade Bitsum? Does anyone know when stocks.Exchange will be back up and running?

tmt226

newbie

Activity: 149

Merit: 0

Lol, Bitsum has kept continuously falling to 5 satoshi.
I sold my coins at 33 satoshi, and it is probably right time for me to buy Bitsum back.
https://coinmarketcap.com/currencies/bitsum/

8rudi

newbie

Activity: 14

Merit: 1

Quote from: big_daddy on June 11, 2018, 03:15:07 AM

Quote from: 8rudi on June 09, 2018, 07:37:22 AM

Can someone give me discord link?

here You go https://discord.gg/49shV8
and in the future, just read the first page, there you will find all the info

first page inv link was expired, thats why i ask for it again

lamarlogan

newbie

Activity: 25

Merit: 0

Quote from: big_daddy on June 11, 2018, 03:15:07 AM

Quote from: 8rudi on June 09, 2018, 07:37:22 AM

Can someone give me discord link?

here You go https://discord.gg/49shV8
and in the future, just read the first page, there you will find all the info

That link/invite is invalid. Do you have an updated link?

Also, what is the algo for Bitsum?

big_daddy

hero member

Activity: 1680

Merit: 583

xUSD - The PRIVATE stable coin - Haven Protocol

Quote from: 8rudi on June 09, 2018, 07:37:22 AM

Can someone give me discord link?

here You go https://discord.gg/49shV8
and in the future, just read the first page, there you will find all the info

8rudi

newbie

Activity: 14

Merit: 1

Can someone give me discord link?

GodSpeeD1688

newbie

Activity: 3

Merit: 0

share a new bsm Minging pool

http://bsm.happy2mine.com/

Asia/Taiwan High Performance Bitsum(BSM) Mining Pool.
Total Pool Fee: 1%

margate

newbie

Activity: 87

Merit: 0

Quote from: ?? on ??

How about the following exchange, namely Atlex.
You can visit it at https://altex.exchange/
The exchange has easy listing policies and tend to easily accept Cryptonight algorithm (and its forked) coins.
Let's give it a try and bring Bitsum to one more exchange, dev.

We have already several times left there the application ...
You can try it yourself link add coin altex.exchange !!!

Topic: [ANN] [BSM] [PoW] Ṩ Bitsum - Social Media Coin - page 12. (Read 69777 times)